RésuméThis paper studies the dynamic response of remittances to natural disasters and other economic shocks in developing countries. The study uses a novel and rich panel data set of quarterly remittance from Italy to 74 developing countries for the period 2005 to 2018. It finds that quarterly remittance flows play only a limited role in mitigating the impact of macroeconomic shocks in the home country. The counter-cyclical role of remittances to quarterly economic shocks is more pronounced for poorer developing countries. This study also finds that the
immigrant stock is a much stronger determinant of remittance flows compared to other factors and that remittances are resilient to economic shocks in the host country.
|la date de réponse||28 juil. 2020|
|Superviseur||Romain Houssa (Promoteur) & Stephanie Weynants (Copromoteur)|